Latest Mining Development News

GoldArc Resources has kicked off a comprehensive 34,000-metre grade control drilling campaign at its Mt Stirling gold deposit, aiming to sharpen resource estimates and pave the way for mining operations.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

Ardea Resources has successfully raised A$5 million through a placement and launched a A$2 million Share Purchase Plan to fund the next phase of its Kalgoorlie Nickel Project. The capital injection supports the finalisation of a key feasibility study and ongoing project development.

PC Gold has extended the Main Zone strike at its Spring Hill Gold Project by 80 metres south, revealing high-grade gold mineralisation within the existing open pit footprint. This discovery could significantly enhance the project’s resource base and economics as drilling continues.

BMG Resources has kicked off a significant 10,000-metre drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. This move supports an upcoming scoping study and advances the project towards near-term production.

Riversgold Limited has been granted a strategic tenement adjacent to its Northern Zone Gold Project near Kalgoorlie, setting the stage for imminent drilling and development alongside MEGA Resources.

Catalyst Metals Limited delivered a robust half-year result with revenues up 50% and profits rising 40%, driven by higher gold prices and operational advances including a doubling of reserves in the Plutonic Gold Belt.

FIN Resources has completed the acquisition of the Cabin Lake Gold Project in Canada’s Northwest Territories, securing key permits and preparing for a fully funded drilling campaign starting in March 2026.

Ora Banda Mining Ltd has reported a robust half-year performance, with revenue soaring 80% to $336.3 million and net profit nearly doubling to $96.3 million, driven by operational ramp-ups and exploration success.

High-Tech Metals Ltd is set to expand its Mt Fisher gold resource following an independent geological review that highlights multiple high-grade extensions beyond current estimates. A targeted drilling campaign will soon commence to unlock this potential.

Zimplats Holdings Limited reported a remarkable half-year performance with revenue up 83% and profit before tax surging over 2,100%, driven by higher metal prices and operational gains. Capital projects and sustainability efforts remain on track amid a challenging Zimbabwean environment.

Aurelia Metals Limited reported a robust half-year result for December 2025, with revenue climbing 27% and net profit after tax rising 26%, driven by production ramp-up at the Federation Mine and progress on the Great Cobar Project.